Inventories
|
2018
|
2017
|
|
|
Raw materials and consumables
|
509
|
517
|
|
Intermediates and finished goods
|
1,574
|
1,392
|
|
2,083
|
1,909
|
|
|
Adjustments to lower net realizable value
|
(90)
|
(61)
|
|
Total
|
1,993
|
1,848
|
The carrying amount of inventories adjusted to net realizable value was €271 million (2017: €216 million).
Changes in the adjustment to net realizable value
|
2018
|
2017
|
|
|
Balance at 1 January
|
(61)
|
(63)
|
|
Additions charged to income statement
|
(97)
|
(99)
|
|
Utilization/reversals
|
69
|
97
|
|
Exchange differences
|
(1)
|
4
|
|
Balance at 31 December
|
(90)
|
(61)
|